Mesquite Approves $3M Property Purchase and Leaseback
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Description
The City of Mesquite approved purchasing a 2.737-acre property from the Texas Conference Association of Seventh-Day Adventists for $3,000,000.00 plus closing costs. The City Manager is authorized to execute a Real Estate Sales Contract and a Commercial Leasing Agreement for a purchase-and-leaseback arrangement.
Contract Details
Contract Amount
$3,000,000.00 plus closing costs
Vendor
TEXAS CONFERENCE ASSOCIATION OF SEVENTH-DAY ADVENTISTS
Agency
city of Mesquite Housing Office, TX
Contract Type
FACILITIES
Document Date
June 15, 2026
Renewal Info
Includes a Commercial Leasing Agreement for leaseback of the property; specific lease term and renewal provisions are not detailed in the minutes.
More from TEXAS CONFERENCE ASSOCIATION OF SEVENTH-DAY ADVENTISTS
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City of Mesquite Action Agenda 2026-06-15
City of Mesquite Action Agenda 2026-06-15
City of Mesquite Action Agenda 2026-06-15
City of Mesquite Action Agenda 2026-06-15
City of Mesquite Action Agenda 2026-06-15
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